• Among new private-equity providers in Calgary, JOG Capital is targeting start-ups and junior producers. It aims to raise C$120 million by year-end in JOG LP III. JOG stands for junior oil and gas, the size E&P company that JOG Capital backs. There are about 25 E&Ps in the portfolio currently, and most of the funding is used for asset acquisitions. "The market is more liquid here than in the U.S. because we have about 35 royalty trusts that need to buy assets to keep up their cash distributions to unit-holders," says Don Cowie, president. • Greenhill & Co. Inc., New York, has completed the final closing of its second private-equity fund, Greenhill Capital Partners II LP, and related funds, with total committed capital of US$875 million. Fund II is the successor to Greenhill Capital Partners LP, which commenced in June 2000 with US$423 million in committed capital, US$264 million of which remains under management in 19 portfolio companies and US$56 million of which remains undrawn. Fund II expects to focus primarily on middle-market investments in the energy, financial services and telecommunications sectors and has already invested or committed to invest US$101 million to date in four portfolio companies. • Dallas-based manager of institutional oil and gas investments Foundation Energy Co. LLC has a $20-million commitment from Real Estate Alternatives Portfolio 3 LLC, an affiliate of Aegon USA, to its inaugural direct energy fund. Foundation Energy Development Partnership LP, an affiliate of the manager, also made a $1 million commitment to the fund. Targeted as a $50-million direct energy fund, Foundation Energy Fund I LLC is managed by Foundation Energy Co. The fund will make direct investments in U.S. onshore oil and gas properties. The manager plans to market the balance of the fund through the end of 2005. Eddie W. Rhea, chief executive officer of the fund's manager, says, "We have enjoyed our previous advisory relationship with Aegon and are delighted to have their REAP 3 fund as a lead investor in Foundation Energy Fund I." • Genesis Gas & Oil LLC, Kansas City, Mo., has been formed through equity commitments of up to $70 million from affiliates of Greenhill Capital Partners LLC, Citigroup Private Equity and Cosco Capital Management LLC. The company was founded by Nez and Jeff Mohajir, Bob Behner, David Jensen and David Haddad. Previously, the team worked together as the senior technical management of Layne Energy Inc. Prior to Layne, the Mohajirs and Behner were the senior management of Mohajir Engineering Group and Jensen and Haddad were with KLT Gas Inc. The team has focused on coalbed-methane and other unconventional resources in most of the major basins in the U.S. Genesis will pursue coalbed-methane projects and other unconventional reserves in the Rockies. • Stone Energy Corp., Lafayette, La., (NYSE: SGY) has named Kenneth H. Beer senior vice president and chief financial officer upon the retirement Aug. 1 of Jim Prince. Beer is a partner at Johnson Rice & Co., where he is also director of research and a senior energy analyst. • Jefferies & Co. Inc., New York, a subsidiary of Jefferies Group Inc., (NYSE: JEF) has named David R. Tameron senior vice president and senior equity research analyst. Prior, he was a senior research analyst in the E&P group at First Albany Capital Inc. He has held similar positions at Stifel Nicolaus & Co. Inc., ABN Amro Securities Inc. and Prudential Securities Inc. • ChevronTexaco Corp., San Ramon, Calif., (NYSE: CVX) has changed its name to Chevron Corp. and unveiled a new icon, a redesigned version of the red and blue Chevron logo.